Market Chatter: Oatly Executives Weigh Buyout of China Operations
Oatly Group's (OTLY) executives overseeing its Chinese operations are considering a buyout of the business, Bloomberg reported Tuesday, citing people familiar with the situation.The potential buyers are working toward a deal for Oatly's Greater China operations as soon as this year. Deliberations are ongoing and may not result in a transaction.Oatly began a strategic review of its Greater China business last year, with options including a potential carve-out, and expects to complete the review this year, according to the report.Oatly did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $8.28, Change: $+0.05, Percent Change: +0.61%
